Credit Analyst Jobs in Illinois

A Credit Analyst in the banking industry evaluates and assesses the creditworthiness of potential customers, or organizations, to ascertain their ability to repay loans. They analyze financial data, including budget, income, and expenditure, and also evaluate credit histories. Credit Analysts use complex systems and software to assess and interpret financial data, so they can advise on the risk of offering credit. The role also involves preparing reports based on findings and presenting these to management.

Key skills a Credit Analyst should possess include strong analytical skills, good numerical skills, excellent communication skills, and the ability to make well-judged decisions. The Certified Credit Professional (CCP) certification is highly desirable for this role. Prior job roles that can lead to a career as a Credit Analyst include Junior Credit Analyst, Loan Officer, or Financial Analyst, where the individual can gain the necessary experience in financial analysis and credit risk assessment.

1-15 of 50 Jobs

Works with various data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill...

Sr. Risk Analyst

  • Chicago, IL
  • 1 day ago
  • Chicago, IL
  • 1 day ago

At the Federal Home Loan Bank of Chicago, employees come first - thats why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to...

Credit Analyst

  • Chicago, IL
  • 1 day ago
  • Chicago, IL
  • 1 day ago

analyst experience required....

Credit Analyst II Financial Institutions Group (FIG)

  • Chicago, IL
  • 1 day ago
  • Chicago, IL
  • 1 day ago

Additionally, the Credit Analyst II will attend and support Portfolio Reviews as needed....

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization....

Senior Analyst, Credit Portfolio Insights

  • Chicago, IL
  • 3 days ago
  • Chicago, IL
  • 3 days ago

Application Deadline: 04/03/2025 Address: 320 S Canal Street Job Family Group: Data Analytics & Reporting Design and implement reporting solutions, business analysis and data analysis to support...

Senior Analyst - Risk Reporting

  • Chicago, IL
  • 4 days ago
  • Chicago, IL
  • 4 days ago

Works with various data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill...

Credit Analyst, Non-Bank Financial Institutions - Chicago

  • Chicago, IL
  • 5 days ago
  • Chicago, IL
  • 5 days ago

Credit Analyst, Associate Director - Non-Bank Financial Institutions Fitch Ratings is adding a new Credit Analyst - Associate Director to our growing North American Non-Bank Financial Institutions Group...

Credit Analyst III

  • Effingham, IL
  • 6 days ago
  • Effingham, IL
  • 6 days ago

Position Summary This position is expected to have greater than 3 years of credit analysis experience....

Credit Analyst, Associate Director - Non-Bank Financial Institutions Fitch Ratings is adding a new Credit Analyst - Associate Director to our growing North American Non-Bank Financial Institutions Group...

Credit Analyst I

  • Mattoon, IL
  • 8 days ago
  • Mattoon, IL
  • 8 days ago

Monitor loan requests and assign risk ratings that are based on established written lending policies and regulatory guidelines....

Senior Futures Market/Credit Risk Analyst

  • Chicago, IL
  • 8 days ago
  • Chicago, IL
  • 8 days ago

Join Macquarie's Futures team as a Market/Credit Risk Analyst and be part of a global team providing 24-hour coverage of Futures Cleared clients' market with exposure to work in a "follow the sun" model...

Credit Analyst II

  • Champaign, IL
  • 10 days ago
  • Champaign, IL
  • 10 days ago

at First Busey Corporation in Champaign, Illinois, United States Job Description Position SummaryThe Credit Analyst II provides accurate, timely, and succinct credit analysis to support the company's...

analysis highly preferred Good analytical, organizational and communication skills Word, Excel, Access, and PowerPoint Eligible to work in the US The expected base salary ranges from $65,000 - $80,000...

Credit Risk Analyst - Hybrid

  • Chicago, IL
  • 11 days ago
  • Chicago, IL
  • 11 days ago

Provide data and analytics support to assess risk with respect to future new and enhanced lending products as well as potential loan trading transactions....

Remote Work

Demographic Data for Illinois

Moving to Illinois? Find some basic demographic data about Illinois below.


Local
National
12,812,477
319,486

Credit Analyst Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Credit Risk and Credit Analysis
Gain a solid grounding in credit risk fundamentals with the tools and techniques required to perform a credit analysis. Taught by an instructor with decades of experience in lending and credit...
Introduction to Corporate Credit
In this course, we shall provide a vivid description of most of the aspects of Corporate Credit e.g. The different types of credit available globally, the procedures involved in providing such...
Managing Personal Cash and Credit
Discover the five cs of credit, how to improve your credit score, and how to determine if a line of credit is right for you. This course prepares you to choose the right financial institution for...

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Salary for Credit Analyst Jobs in Illinois

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Credit Analyst positions.



Highest Education Level

Credit Analysts in Illinois offer the following education background
Bachelor's Degree
43.9%
Master's Degree
23.8%
High School or GED
12.1%
Associate's Degree
9.4%
Vocational Degree or Certification
7.4%
Some College
1.5%
Doctorate Degree
1.5%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Credit Analysts in Illinois
1-2 years
30.0%
2-4 years
25.0%
None
25.0%
4-6 years
15.0%
Less than 1 year
5.0%



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